Press release
Global Refrigeration Equipment Market Projected to Reach 31800 Million US$ by 2025, at a CAGR of 4.5%
In terms of production side, this report researches the Refrigeration Equipment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Refrigeration Equipment by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Commercial refrigeration equipment refers to machines and systems used for commercial refrigeration application, which generally include transport refrigeration equipment, commercial refrigerators and freezers, commercial beverage refrigerators and etc.
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Globally, the refrigeration equipment industry market is not that concentrated as the manufacturing technology of refrigeration equipment is mature and is related to lots of equipment. And some enterprises, like Ingersoll Rand, Daikin Industries and Dover Corporation are well-known for the performance of their refrigeration equipment and related services. At the same time, North America, occupied 31% revenue market share in 2017, is remarkable in the global Refrigeration Equipment industry because of their market share and technology status.
The consumption volume of refrigeration equipment is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of refrigeration equipment industry may not keep that fast. But it is surely forecasted that the market of refrigeration equipment is promising.
The Refrigeration Equipment market was valued at 22300 Million US$ in 2017 and is projected to reach 31800 Million US$ by 2025, at a CAGR of 4.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Refrigeration Equipment.
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This report includes the following manufacturers; we can also add the other companies as you want.
Ingersoll Rand
Daikin Industries
Dover Corporation
Carrier
Hussmann (Panasonic)
Lennox (Heatcraft)
Haier
Illinois Tool Works
Whirpool
GEA
Blue Star
AHT Cooling Systems
Alfa Laval
Guntner GmbH
Metalfrio Solutions
Beverage-Air Corporation
Yantai Moon
Fujimak
Xingxing Group
Shanghai Reindustry
Market Segment by Product Type
Transport Refrigeration Equipment
Refrigerators and Freezers
Beverage Refrigerators
Others
Market Segment by Application
Food Service
Food and Beverage Retail
Food and Beverage Distribution
Food and Beverage Production
Others
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